Japan: Japan Announces Beef and Pork SGs for JFY 2019 Q4

On May 31, Japan’s Ministry of Finance announced the safeguard (SG) trigger levels for beef and pork for the fourth quarter of Japanese Fiscal Year 2019 (January 2020-March 2020). This follows a March 31 announcement which detailed trigger levels for the first three quarters of JFY 2019. The beef SG trigger is set at 117 percent of the previous year’s trade while the pork SG trigger level is set at 119 percent of the average of the three previous years of trade.

Japan: Japan Announces Beef and Pork SGs for JFY 2019 Q4